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Google CEO says more job cuts are needed in 2024 in order to reach ‘ambitious goals’ - TL;DR CNBC

Google CEO says more job cuts are needed in 2024 in order to reach ‘ambitious goals’

Publishing timestamp: 2024-01-18 08:15:49


Summary

Google CEO Sundar Pichai warns employees of more job cuts as the company shifts investments towards artificial intelligence. Pichai states that tough choices need to be made to create capacity for this investment. The company has already undergone several rounds of layoffs and cost cuts.


Sentiment: NEGATIVE

Tickers: GOOG,  GOOGL, 

Keywords: internet,  business news,  alphabet inc,  breaking news: technology,  alphabet class c,  sundar pichai,  technology,  google, 

Source: https://www.cnbc.com/2024/01/17/google-ceo-says-job-cuts-needed-in-2024-to-serve-ambitious-goals.html


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